Which one of the following is not the duty of the Finance Commission of India?
The Finance Commission's duties under Article 280(3) concern the Consolidated Funds, such as "The distribution between the Union and the States of the net proceeds of…
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Which one of the following is not the duty of the Finance Commission of India?
Answer and explanation
Correct answer C
The Finance Commission's duties under Article 280(3) concern the Consolidated Funds, such as "The distribution between the Union and the States of the net proceeds of taxes", "The principle which should govern the grant-in-aid of the revenue of the State out of the Consolidated Fund of India" and "The measures needed to augment the Consolidated Fund of a State to supplement the resources of the Municipalities in a State"; "The measures needed to augment the Contingency Fund of India" is not among them.
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